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by imtringued
1630 days ago
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If you don't keep spending your entire income the interest rate will fall below zero. Our enlightened society has decided that an interest rate below zero is apparently defrauding savers while they can just get a certificate of deposit at 0% interest and therefore demands endless growth fueled by government debt. The best part is that the very same people demand that the government pay its debts back, at very high interest of course, which is completely illogical because paying debt reduces interest rates. |
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